Reviewing the London Bullion Market Association’s 2012 silver forecast, — by 25 professional analysts, including commentary from each — Mineweb‘s Lawrence Williams writes that “they anticipate an average silver price over the year of $33.98 and a high of $44.49, but even this, which some might consider a conservative prediction, still represents a substantial 39% increase over the current $32 price for the metal. And taken in conjunction with the gold price forecast, suggests that the gold/silver ratio may come back a bit from the current 52 to around 46 – well above the low point achieved last year and hugely above the so-called historic ratio of 16:1 so beloved of the principal silver bulls.”